Ethereum Watch

Ethereum Foundation is already preparing for the next network upgrade, named Dencun. Despite the rollout of Shapella happening a mere three weeks ago. Advertisements Ethereum’s development ecosystem stands to receive a major upgrade with the impending release of Dencun. This next network upgrade will introduce a number of far-reaching changes. If all goes as hoped, […]

Advertisements New additions get added to Ethereum’s Dencun update as development activity progresses. Staking deposits begin to surge as traders continue to be skeptical. After the successful launch of the Shapella Upgrade, the Ethereum [ETH] network is getting ready for the next update. The developers have already begun the work for the new Dencun update. […]

Ethereum transaction fees are once again hitting highs last seen since May 2022. This development has raised concerns about the impact on the Ethereum network usage and its native cryptocurrency, ETH. Advertisements Ethereum, the second-largest crypto by market capitalization, is one of the leading decentralized finance (DeFi) and non-fungible tokens (NFTs) platforms. The network has […]

Key Takeaways The SEC does not want to define “digital assets” in relation to hedge funds and private equity funds. This is not the first time the SEC is undecided on defining notable crypto terms, referring back to the Ether as a security speculation. Share this article URL Copied Advertisements Despite proposing a definition for […]

Advertisements Summary: Smart contracts for Curve Finance’s crvUSD stablecoin went live on Ethereum’s mainnet, the team shared via a Twitter update on May 3. “This is not finalized yet because UI also needs to be deployed. Stay tuned!” said crvUSD developers promising a user interface for the stablecoin. crvUSD enters a highly competitive Ethereum stablecoin […]

Advertisements As JPMorgan swooped in to save troubled First Republic Bank, positive sentiment remained in the crypto market.  Positive funding rates and long liquidations marked the last 24 hours, indicating that investors expected assets’ prices to rally. Global cryptocurrency market capitalization slipped by a mere 1.5% 24 hours after the U.S. Federal Deposit Insurance Corporation […]

Advertisements Summary: Daily unique addresses on Ethereum Virtual Machine-compatible chains set a new all-time high of 6.77 million last week. Experts and on-chain say expensive gas fees pushed more users to leverage EVM-chain like BNB Chain, Polygon, Fantom, and Avalanche. The hike in gas fees coincides with the Pepe and meme coin fever spreading through […]

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. Advertisements Despite Polygon’s countless innovative partnerships and bullish news events, its native token […]

Advertisements Months after the Merge, ETH records its largest exchange inflow. Investors are not excited about the current condition of the altcoin. Since Ethereum’s [ETH] switched to Proof-of-Stake (PoS), many holders have opted to be guardians of their assets. This resolve has, in turn, affected the overall supply on exchanges. However, in an interesting twist, […]

Ethereum stakers have withdrawn 1,976,138.58 ETH ($3.6 billion) in staked ETH since developers enabled withdrawals in the Shapella upgrade in April. Advertisements ETH rewards make up 80% of the withdrawals, with roughly 3% of stakers exiting the through principal deposit outflows. Lido Finance Staked About 6 Million ETH There has been a notable increase in […]